Dearest benefactors and friends:
In this second year since I joined the company as president, I review the main milestones that marked the 2023 fiscal year.
The war in Ukraine is still raging. In addition, there is another very bloody war in the Middle East. Both conflicts and the problem in the Red Sea affecting the Suez Canal have contributed to soaring commodity and, above all, food prices.
The year was marked by the slowdown, the pulse against inflation, the collapse of three banks and the increase in the cost of credit due to the rise in interest rates. In this environment, we held out until almost the end of the year, but we had to cancel our traditional pilgrimage to
Holy Land. Likewise, it was not possible to celebrate the trip to
Poland.
With an unstable political-economic situation...
